The two nations are working out a preferential trade
agreement to expand exchange of goods and services, Aganga said
today in an e-mailed statement. Indonesia’s Trade Minister Gita
Wirjawan met with his Nigerian counterpart in the capital, Abuja
on Feb. 2, according to the statement.

Nigeria, Africa’s top oil producer and most populous nation
with more than 160 million people, is seeking investors in power
generation, mining and agriculture as it moves to reduce its
dependence on oil.

Foreign-direct investment in the West African country
probably rose 50 percent in 2012 to more than the $8.9 billion
recorded in 2011, with growth led by non-oil investments, Aganga
said on Jan. 25.